Do All Debts in South Africa Have Fixed Interest Rates?

Do All Debts in South Africa Have Fixed Interest Rates?

Not all debts are created equal in South Africa. It depends on the type of loan one is taking and the choice of interest rate: fixed or variable/flexible. Before incurring more debt, pay attention to payback terms and interest rates, as it can make all the difference...
When Does Debt Interest Become Too Much?

When Does Debt Interest Become Too Much?

If you’re struggling to repay debt, there may be more than the monthly instalments at fault. You could be paying too much debt interest. Reducing this debt interest is another way to make debt manageable. Interest rates for debt For any amount of money you...
Debt Consolidation and Interest Rates: How Does It Work?

Debt Consolidation and Interest Rates: How Does It Work?

Debt consolidation unifies multiple debt, typically high-interest unsecured debt such as credit cards, into a single manageable debt payment. You can use the process to re-organize debt, reduce monthly repayments, pay back a lesser amount, and get a better interest...
6 Great Reasons to Retire Debt-free and Financially Secure

6 Great Reasons to Retire Debt-free and Financially Secure

Are you nearing pension age and still worrying about repaying debt? You are not alone. Research from South Africa Reserve Bank and Stats SA shows that South Africans are spending 75% of their take-home pay on refinancing debt, and are likely to continue paying debt on...
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